Ventura Textiles Ltd — Important, 10-09-2025: Company Update
10-09-2025 | 08:35 pm
10-09-2025 | 08:35 pm
Ventura Textiles has corrected its earlier announcement regarding the reduction of paid-up share capital. The company will reduce its paid-up capital by up to 80% to eliminate accumulated losses totaling Rs. 15.55 Cr. The paid-up capital will decrease from Rs. 19.45 Cr (1.94 Cr equity shares of Rs.10 each) to Rs. 3.89 Cr (1.94 Cr equity shares of Rs.2 each). This restatement clarifies the extent of capital reduction, effectively cleaning up the balance sheet by offsetting past losses and adjusting the face value of existing shares. The company will also amend its Authorised Share Capital.
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